Telefonaktiebolaget Lm Ericsson (publ)

Valentin Tudor

Oscar Novo Diaz

Aitor Hernandez Herranz

A method and a system for reducing the size of a blockchain. The blockchain includes a first set of two or more blocks including an initial genesis block. A new genesis block for the blockchain is generated. The first hash value resulting from hashing the new genesis block matches a second hash value resulting from hashing a last block from the first set of blocks, and the difficulty of determining the first hash value is computationally greater than the cumulative difficulty of determining hash values of all blocks in the first set of blocks. The new genesis block is transmitted to one or more blockchain nodes of a blockchain network, and the first set of blocks is replaced with the new genesis block.

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Täby, Sweden

Valentin Tudor